Z/Yen is immensely proud that it helped create and deliver the London Accord with the City of London Corporation, BP plc, Forum for the Future and Gresham College. During 2007, two dozen contributing organisations, many of them Z/Yen’s investment bank clients, donated 25 papers on climate change investment opportunities – ‘cash in, carbon out’. The result – 25 reports and nearly 800 pages of valuable research on climate change, free to the world. Michael Mainelli, Mark Yeandle, Ian Harris and Alexander Knapp all authored and/or co-wrote papers.

But Z/Yen is equally pleased that the London Accord had a float in the Lord Mayor’s Show on 10 November! How many firms can point to their logo and a page in the programme – all right, quite a few, but at least we were one of them.

Returning to the London Accord, there are detailed investment research papers on renewables, biofuels, energy efficiency, emissions trading and forestry, to name a few. The conclusions of the London Accord are many. In short – there is no silver bullet; we must commit to significant carbon prices; forestry is the area of biggest uncertainty. The London Accord questions certain technologies, such as carbon capture & storage, as well as certain policies, such as taxation and planning permissions. The Rt Hon. Lord Mayor of London, David Lewis, and the City of London Corporation are most kindly hosting a gala publication launch on 19 December at the Mansion House.

Z/Yen is exploring how the London Accord might continue to add value. Suggestions on an email to Alexander Knapp! Any Now & Z/Yen reader with an interest in climate change should visit the London Accord Website or check our Full Reports List to start reading. Please do contact Z/Yen if you would like a CD-ROM of the results, or any more information.